1-bed · 807 sqftOntario Tower, Business Bay · 3rd floor · completed 2010

R303, Ontario Tower

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit R303 · DLD and Ejari recordsUpdated 17 September 2025
Last soldAED 820K14 June 2024
Current rentAED 75K /yr17 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R303, Ontario Tower

What is R303 worth today?

Last sold for AED 820,000 in 2024

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17 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
30 Jul 2025RentedNew contract
AED 75,904/yr11 months · AED 94 per sqft
30 Jul 2025RentedNew contract
AED 75,904/yr11 months · AED 94 per sqft
19 Oct 2024RentedNew contract
AED 73,500/yr7 months · AED 91 per sqft
14 Jun 2024SoldReady
AED 820,000AED 1,016 per sqft
20 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
15 Aug 2022RentedRenewal
AED 46,000/yr12 months · AED 57 per sqft
15 Aug 2021RentedRenewal
AED 39,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 17 September 2025.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
3rd of 25
Parking
B1-17
Developer
Rose Homes Investment
Completed
2010
Service charge
AED 14,400 /yr
Last sold
AED 820K · June 2024

About R303, Ontario Tower

R303 is a one-bedroom apartment of 807 sqft on the 3rd floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 14 June 2024 for AED 820,000, or AED 1,016 per sqft, in line with the AED 1,019 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 17 September 2025, is AED 75,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for R303 over time

Sales
Unit R303, each saleTypical one-bed in Ontario Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 880,308; 2011 AED 925,879; 2012 AED 912,940; 2013 AED 1,120,801; 2014 AED 1,200,000; 2015 AED 990,550; 2016 AED 750,000; 2017 AED 952,500; 2018 AED 800,000; 2019 AED 580,757; 2022 AED 650,000; 2023 AED 765,000; 2024 AED 840,000; 2025 AED 941,563; 2026 AED 1,047,228Sold by developer, August 2009: AED 877,149 (AED 1,086 per sqft)Sold, April 2011: AED 877,149 (AED 1,086 per sqft)Sold, June 2024: AED 820,000 (AED 1,016 per sqft)

R303 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit R303, each contractTypical one-bed in Ontario Tower
40K60K80K2012201620202024Typical rent by year: 2012 AED 52,500; 2013 AED 60,000; 2014 AED 70,000; 2015 AED 79,350; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 58,835; 2020 AED 47,000; 2021 AED 42,000; 2022 AED 52,000; 2023 AED 62,920; 2024 AED 73,500; 2025 AED 74,500; 2026 AED 70,400New contract, August 2020: AED 41,000 a yearRenewal, August 2021: AED 39,000 a yearRenewal, August 2022: AED 46,000 a yearNew contract, October 2023: AED 70,000 a yearNew contract, October 2024: AED 73,500 a yearNew contract, July 2025: AED 75,904 a yearNew contract, July 2025: AED 75,904 a yearNew contract, September 2025: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Ontario Tower, and where R303 sits

All 100 1-beds →

R303 last sold in June 2024 at AED 1,016 per sqft, in line with what one-beds in Ontario Tower were fetching at the time (AED 1,019). Over the last 12 months one-beds sold for AED 800,000 to 1,200,000, around AED 1,286 per sqft, and rent for AED 35,000 to 200,000 a year. R303's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Oct 2026895,370
8 Sep 2026800,000
18 Jul 20261,050,000
16 Jun 20261,012,692
14 1-bed sales in the last 12 months

Ontario Tower

Building

175 apartments, studios to 2-bed over 25 floors in Business Bay, completed in 2010 by Rose Homes Investment. 28 sold in the last 12 months.

Typical price per sqft
AED 1,277 Up 6.6%
Typical sale
AED 1.09M
Typical rent
AED 75K /yr
Typical yield
8.1%
Ontario Tower, Business Bay: prices, sales and rents →

Other units on the 3rd floor

All 175 units in Ontario Tower
Value
R301StudioAED 500K · Jun 2019
R3022-bedAED 1.12M · Jun 2011
R3041-bedAED 1M · Sep 2025
R3051-bedAED 800K · Aug 2024
R3061-bedAED 525K · Feb 2017
R3072-bedAED 1.18M · Sep 2026

R303, Ontario Tower in numbers

  • Sold 3 times: first on 8 August 2009 for AED 877,149, last on 14 June 2024 for AED 820,000 (AED 1,016 per sqft).
  • Rented since August 2020 on 8 Ejari contracts, from AED 41,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 14,400 a year (AED 17.81 per sqft).
  • One-beds in Ontario Tower sold for AED 800,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,277 per sqft.

Source: Dubai Land Department. Updated 17 September 2025.

Questions about R303, Ontario Tower

What did unit R303 last sell for?

AED 820,000 on 14 June 2024: AED 1,016 per sqft for 807 sqft. The unit has 3 registered sales; the first was AED 877,149 in August 2009.

What is the rent for unit R303?

AED 75,000 a year on the contract signed on 17 September 2025. The previous contract, from July 2025, was AED 75,904; the unit has been rented since August 2020.

How big is unit R303?

807 sqft (75.0 sqm): a one-bedroom apartment on the 3rd floor of a 25-storey tower completed in 2010.

What is unit R303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Ontario Tower sold for AED 800,000 to 1,200,000 in the last 12 months, around AED 1,286 per sqft.

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Mortgage on R303, Ontario Tower

Starts from the last sale price (AED 820K, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →